$17.5M raised for Enterprise Open-Source technology

NodeSource recently announced successful raising of $17.5 million in venture capital. The Series B funding was led by Silicon Valley Bank, Industry Ventures and existing backers Crosslink Capital and RRE Ventures. The fund raising will help the company to expand its Node.js open-source technology for the enterprise.

NodeSource provides Node.js open-source technology for the enterprise, with N|Solid as its flagship product. The company shared that it will use the funds to expand its engineering, support and go-to-market teams.